Eskom should consider selling two coal-fired plants that rank among the world’s biggest to repair the state-owned utility’s finances, according to the head of South Africa’s biggest bank by market value.
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Public enterprises minister Pravin Gordhan on Thursday announced immediate plans to put an end to the load shedding that has been a daily occurrence countrywide since 29 November.
Huawei chief financial officer Wanzhou Meng faces extradition to the US over potential violations of American sanctions on Iran. Here are the latest developments.
Telkom is considering making an offer to buy a majority stake in Cell C that would lead to a combination of South Africa’s third- and fourth-largest mobile phone companies, according to people familiar with the matter.
On the same day Donald Trump and Xi Jinping struck a trade war truce in Argentina, some 11 000km away Canadian authorities made an arrest that now threatens to make the US-China conflict much worse.
Vodacom on Thursday welcomed arrests made in connection with the ransacking and looting of a franchise store in Polokwane in Limpopo at the weekend.
The telecommunications giant has announced the launch of MusicTime, a time-based Internet music offering.
Economists estimate that the South African economy could have been 10% larger by the end of 2014 if it had not been for crippling power shortages.
Bloated by debt, bled by corruption and battered by structurally declining sales, Eskom is facing what’s known in the industry as a “death spiral”.
Former blockchain lead at RMB Farzam Ehsani has revealed details about his new venture, VALR, a digital asset trading platform in South Africa, which is being launched in partnership with Bittrex.